Sir António Horta-Osório, a keen tennis player, is reported to have been at the Wimbledon championships in July when he was supposed to be isolatingIt is debatable who comes off worse from Sir António Horta-Osório’s sudden departure as chairman of Credit Suisse after less than nine months in the job: him or Switzerland’s second largest bank. For the Portuguese financier, the breaches of Covid-19 rules that led to his resignation are another example of poor judgment that has embarrassed his employer. SponsoredFor Credit Suisse, trying to repair a battered reputation after a torrid period, losing the man charged with leading a turnaround to yet another scandal represents a new humiliation and invites fresh questions about the organisation’s tolerance for outsiders. “His departure leaves Credit Suisse with a lack of strong characters at the top and leadership questions will likely be raised,” analysts at Citigroup wrote. Horta-Osório, 57, was

Source: The Times January 18, 2022 00:23 UTC